Friday, April 11, 2008

Linens-N-Things First Major Retailer to Go Belly Up in This Recession

http://online.wsj.com/article/SB120788502599307497.html?mod=hps_us_whats_news

This first major domino in the retail sector falls. So who is next? I also read today that Kohls's sales fell $15% in March, so I'm placing my bet on them.

Coming soon to a strip mall near you: LOTS of empty storefronts.

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